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A
Cure for the Working Wounded |
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The headlines were
truly alarming. MORE COMPANIES PHASING OUT RETIREMENT BENEFIT
IN LIEU OF LIFETIME OF WORK, read one; MANY JOBS LACK BENEFITS
TO CUT, read another. The articles themselves were even more
harrowing. “Even though our workers will no longer be able
to collect a pension,” bragged one CEO quoted in the first
piece, “they will receive checks as long as they are able to
be wheeled into work and punch the clock.” The second
article’s author noted dryly that by not offering health
insurance and matching 401(k) contributions to their employees
in the first place, “American business owners find
themselves lacking the crucial ability to take them away.”
The fact that I did not immediately recognize these
“stories” as journalistic pranks—they are both from the
satirical publication The Onion—says a lot about just
how drastically the economic and employment landscape has
changed, and how drastically our financial expectations and
preparations will have to change, too….
Read
the complete editorial
from best-selling author James Geary and learn more about
taking advantage of 401(k) savings plans and other
opportunities for retirement saving you may have available
through your employer.
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Financial
Alerts |
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You've heard it
many times before: If it sounds too good to be true, it
probably is. Yet every year, many intelligent, honest people
lose money to scam artists and illegal schemes. Several
financial agencies have put together information and advice to
help you spot fraud and illegal schemes, and CFP Board’s
Financial Alerts page provides overviews and links to these
resources so you can be better prepared to know if a deal is
too good to be true. Read
about Financial Alerts
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In
Conversation with Louis Barajas, CFP |
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Louis Barajas, CFP®
is a premier example of the American dream. Born in the barrio
of East Los Angeles and the son of Mexican immigrants, Barajas
returned to East Los Angeles after years of experience at
major accounting and financial planning firms. He formed his
own wealth and business planning company in the community that
raised him so that he could further his purpose in life: to be
the catalyst in helping people of all income levels attain
their greatest life goals. Read
an excerpt from a recent conversation with Barajas
Barajas will speak at CFP Board’s 2006 Annual Meeting on
August 4, 2006 at the Los Angeles Convention Center and will
make presentations in English and in Spanish. Read
more about the meeting and register online
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About
This eNewsletter |
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You
are receiving this e-mail because you subscribed to CFP Board's
eNewsletter. Periodically, CFP Board will e-mail you "It's Your
Turn," which includes information about financial planning,
consumer alerts, financial planning tools and resources and much
more. Suggestions and feedback are welcome at
mail@CFP-Board.org.
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